Tikkurila to change reporting structure from 2014

9:13 AM MST | November 12, 2013 | Michael Ravenscroft

Paints and coatings company Tikkurila (Helsinki) says it will change its external reporting structure by reducing to two reporting segments instead of the previous four. The company's reporting will be based on two geographic segments from the beginning of 2014. Tikkurila says that the change in reporting structure will not affect the organization of the company's business operations. The new segments will have the following composition: SBU [strategic business unit] West will include Denmark, Estonia, Finland, Germany, Latvia, Lithuania, Norway, Poland, and...